Managing Project Risks in the Oil and Gas Industry Course
Learn to manage project risks in the oil and gas industry. Join this course to acquire skills in identifying, assessing, and mitigating project-related risks. BMC Training offers Managing Project Risks in the Oil and Gas Industry Course in Oil and Gas Training Courses.
- English
- 133 Training Sessions
- Confirmed
- One Week

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Type a city name or a month
Venue | Start Date | End Date | Net Fees | Details & Registration |
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Dubai , UAE | 11 - May - 2025 | 15 - May - 2025 | 5722.5 GBP |
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Paris , France | 11 - May - 2025 | 15 - May - 2025 | 7900 GBP |
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Hong Kong , Hong Kong | 11 - May - 2025 | 15 - May - 2025 | 9100 GBP |
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Tokyo , Japan | 11 - May - 2025 | 15 - May - 2025 | 11500 GBP |
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London , UK | 4 - May - 2025 | 8 - May - 2025 | 5950 GBP |
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Madrid , Spain | 4 - May - 2025 | 8 - May - 2025 | 7500 GBP |
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Munich , Germany | 4 - May - 2025 | 8 - May - 2025 | 8900 GBP |
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Berlin , Germany | 4 - May - 2025 | 8 - May - 2025 | 8300 GBP |
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New York , United States | 4 - May - 2025 | 8 - May - 2025 | 12750 GBP |
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Milan , Italy | 4 - May - 2025 | 8 - May - 2025 | 7500 GBP |
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Amsterdam , Netherlands | 4 - May - 2025 | 8 - May - 2025 | 9100 GBP |
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Kuala Lumpur , Malaysia | 18 - May - 2025 | 22 - May - 2025 | 5300 GBP |
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Rome , Italy | 18 - May - 2025 | 22 - May - 2025 | 7900 GBP |
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Barcelona , Spain | 18 - May - 2025 | 22 - May - 2025 | 8300 GBP |
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Zurich , Switzerland | 18 - May - 2025 | 22 - May - 2025 | 8700 GBP |
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Istanbul , Turkey | 25 - May - 2025 | 29 - May - 2025 | 5550 GBP |
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Bali , Indonesia | 25 - May - 2025 | 29 - May - 2025 | 8700 GBP |
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Singapore , Singapore | 25 - May - 2025 | 29 - May - 2025 | 8400 GBP |
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Washington , United States | 25 - May - 2025 | 29 - May - 2025 | 13500 GBP |
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Geneva , Switzerland | 11 - May - 2025 | 15 - May - 2025 | 9950 GBP |
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Sydney , Australia | 18 - May - 2025 | 22 - May - 2025 | 12750 GBP |
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Interlaken , Switzerland | 18 - May - 2025 | 22 - May - 2025 | 9950 GBP |
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Taipei , Taiwan | 25 - May - 2025 | 29 - May - 2025 | 12750 GBP |
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Dubai , UAE | 8 - Jun - 2025 | 12 - Jun - 2025 | 5722.5 GBP |
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Paris , France | 8 - Jun - 2025 | 12 - Jun - 2025 | 7900 GBP |
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Hong Kong , Hong Kong | 8 - Jun - 2025 | 12 - Jun - 2025 | 9100 GBP |
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Tokyo , Japan | 8 - Jun - 2025 | 12 - Jun - 2025 | 11500 GBP |
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Kuala Lumpur , Malaysia | 15 - Jun - 2025 | 19 - Jun - 2025 | 5300 GBP |
|
Rome , Italy | 15 - Jun - 2025 | 19 - Jun - 2025 | 7900 GBP |
|
Barcelona , Spain | 15 - Jun - 2025 | 19 - Jun - 2025 | 8300 GBP |
|
Zurich , Switzerland | 15 - Jun - 2025 | 19 - Jun - 2025 | 8700 GBP |
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Istanbul , Turkey | 22 - Jun - 2025 | 26 - Jun - 2025 | 5550 GBP |
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Bali , Indonesia | 22 - Jun - 2025 | 26 - Jun - 2025 | 8700 GBP |
|
Singapore , Singapore | 22 - Jun - 2025 | 26 - Jun - 2025 | 8400 GBP |
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Washington , United States | 22 - Jun - 2025 | 26 - Jun - 2025 | 13500 GBP |
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London , UK | 1 - Jun - 2025 | 5 - Jun - 2025 | 5950 GBP |
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Madrid , Spain | 1 - Jun - 2025 | 5 - Jun - 2025 | 7500 GBP |
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Munich , Germany | 1 - Jun - 2025 | 5 - Jun - 2025 | 8900 GBP |
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Berlin , Germany | 1 - Jun - 2025 | 5 - Jun - 2025 | 8300 GBP |
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New York , United States | 1 - Jun - 2025 | 5 - Jun - 2025 | 12750 GBP |
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Amsterdam , Netherlands | 1 - Jun - 2025 | 5 - Jun - 2025 | 9100 GBP |
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Milan , Italy | 1 - Jun - 2025 | 5 - Jun - 2025 | 7500 GBP |
|
Geneva , Switzerland | 8 - Jun - 2025 | 12 - Jun - 2025 | 9950 GBP |
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Sydney , Australia | 15 - Jun - 2025 | 19 - Jun - 2025 | 12750 GBP |
|
Interlaken , Switzerland | 15 - Jun - 2025 | 19 - Jun - 2025 | 9950 GBP |
|
Taipei , Taiwan | 22 - Jun - 2025 | 26 - Jun - 2025 | 12750 GBP |
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Dubai , UAE | 6 - Jul - 2025 | 10 - Jul - 2025 | 5722.5 GBP |
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Paris , France | 6 - Jul - 2025 | 10 - Jul - 2025 | 7900 GBP |
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Hong Kong , Hong Kong | 6 - Jul - 2025 | 10 - Jul - 2025 | 9100 GBP |
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Tokyo , Japan | 6 - Jul - 2025 | 10 - Jul - 2025 | 11500 GBP |
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London , UK | 13 - Jul - 2025 | 17 - Jul - 2025 | 5950 GBP |
|
Madrid , Spain | 13 - Jul - 2025 | 17 - Jul - 2025 | 7500 GBP |
|
Munich , Germany | 13 - Jul - 2025 | 17 - Jul - 2025 | 8900 GBP |
|
Berlin , Germany | 13 - Jul - 2025 | 17 - Jul - 2025 | 8300 GBP |
|
New York , United States | 13 - Jul - 2025 | 17 - Jul - 2025 | 12750 GBP |
|
Milan , Italy | 13 - Jul - 2025 | 17 - Jul - 2025 | 7500 GBP |
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London , UK | 20 - Jul - 2025 | 24 - Jul - 2025 | 5950 GBP |
|
Madrid , Spain | 20 - Jul - 2025 | 24 - Jul - 2025 | 7500 GBP |
|
Munich , Germany | 20 - Jul - 2025 | 24 - Jul - 2025 | 8900 GBP |
|
Berlin , Germany | 20 - Jul - 2025 | 24 - Jul - 2025 | 8300 GBP |
|
New York , United States | 20 - Jul - 2025 | 24 - Jul - 2025 | 12750 GBP |
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Amsterdam , Netherlands | 13 - Jul - 2025 | 17 - Jul - 2025 | 9100 GBP |
|
Milan , Italy | 20 - Jul - 2025 | 24 - Jul - 2025 | 7500 GBP |
|
Amsterdam , Netherlands | 20 - Jul - 2025 | 24 - Jul - 2025 | 9100 GBP |
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Istanbul , Turkey | 27 - Jul - 2025 | 31 - Jul - 2025 | 5550 GBP |
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Bali , Indonesia | 27 - Jul - 2025 | 31 - Jul - 2025 | 8700 GBP |
|
Singapore , Singapore | 27 - Jul - 2025 | 31 - Jul - 2025 | 8400 GBP |
|
Washington , United States | 27 - Jul - 2025 | 31 - Jul - 2025 | 13500 GBP |
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Geneva , Switzerland | 6 - Jul - 2025 | 10 - Jul - 2025 | 9950 GBP |
|
Taipei , Taiwan | 27 - Jul - 2025 | 31 - Jul - 2025 | 12750 GBP |
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Dubai , UAE | 3 - Aug - 2025 | 7 - Aug - 2025 | 5722.5 GBP |
|
Paris , France | 3 - Aug - 2025 | 7 - Aug - 2025 | 7900 GBP |
|
Hong Kong , Hong Kong | 3 - Aug - 2025 | 7 - Aug - 2025 | 9100 GBP |
|
Tokyo , Japan | 3 - Aug - 2025 | 7 - Aug - 2025 | 11500 GBP |
|
Kuala Lumpur , Malaysia | 10 - Aug - 2025 | 14 - Aug - 2025 | 5300 GBP |
|
Rome , Italy | 10 - Aug - 2025 | 14 - Aug - 2025 | 7900 GBP |
|
Barcelona , Spain | 10 - Aug - 2025 | 14 - Aug - 2025 | 8300 GBP |
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Zurich , Switzerland | 10 - Aug - 2025 | 14 - Aug - 2025 | 8700 GBP |
|
Istanbul , Turkey | 17 - Aug - 2025 | 21 - Aug - 2025 | 5550 GBP |
|
Bali , Indonesia | 17 - Aug - 2025 | 21 - Aug - 2025 | 8700 GBP |
|
Singapore , Singapore | 17 - Aug - 2025 | 21 - Aug - 2025 | 8400 GBP |
|
Washington , United States | 17 - Aug - 2025 | 21 - Aug - 2025 | 13500 GBP |
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London , UK | 24 - Aug - 2025 | 28 - Aug - 2025 | 5950 GBP |
|
Madrid , Spain | 24 - Aug - 2025 | 28 - Aug - 2025 | 7500 GBP |
|
Munich , Germany | 24 - Aug - 2025 | 28 - Aug - 2025 | 8900 GBP |
|
Berlin , Germany | 24 - Aug - 2025 | 28 - Aug - 2025 | 8300 GBP |
|
New York , United States | 24 - Aug - 2025 | 28 - Aug - 2025 | 12750 GBP |
|
Amsterdam , Netherlands | 24 - Aug - 2025 | 28 - Aug - 2025 | 9100 GBP |
|
Milan , Italy | 24 - Aug - 2025 | 28 - Aug - 2025 | 7500 GBP |
|
Geneva , Switzerland | 3 - Aug - 2025 | 7 - Aug - 2025 | 9950 GBP |
|
Sydney , Australia | 10 - Aug - 2025 | 14 - Aug - 2025 | 12750 GBP |
|
Interlaken , Switzerland | 10 - Aug - 2025 | 14 - Aug - 2025 | 9950 GBP |
|
Taipei , Taiwan | 17 - Aug - 2025 | 21 - Aug - 2025 | 12750 GBP |
|
Dubai , UAE | 28 - Sep - 2025 | 2 - Oct - 2025 | 5722.5 GBP |
|
Paris , France | 28 - Sep - 2025 | 2 - Oct - 2025 | 7900 GBP |
|
Hong Kong , Hong Kong | 28 - Sep - 2025 | 2 - Oct - 2025 | 9100 GBP |
|
Tokyo , Japan | 28 - Sep - 2025 | 2 - Oct - 2025 | 11500 GBP |
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London , UK | 7 - Sep - 2025 | 11 - Sep - 2025 | 5950 GBP |
|
Madrid , Spain | 7 - Sep - 2025 | 11 - Sep - 2025 | 7500 GBP |
|
Munich , Germany | 7 - Sep - 2025 | 11 - Sep - 2025 | 8900 GBP |
|
Berlin , Germany | 7 - Sep - 2025 | 11 - Sep - 2025 | 8300 GBP |
|
New York , United States | 7 - Sep - 2025 | 11 - Sep - 2025 | 12750 GBP |
|
Amsterdam , Netherlands | 7 - Sep - 2025 | 11 - Sep - 2025 | 9100 GBP |
|
Milan , Italy | 7 - Sep - 2025 | 11 - Sep - 2025 | 7500 GBP |
|
Kuala Lumpur , Malaysia | 14 - Sep - 2025 | 18 - Sep - 2025 | 5300 GBP |
|
Rome , Italy | 14 - Sep - 2025 | 18 - Sep - 2025 | 7900 GBP |
|
Barcelona , Spain | 14 - Sep - 2025 | 18 - Sep - 2025 | 8300 GBP |
|
Zurich , Switzerland | 14 - Sep - 2025 | 18 - Sep - 2025 | 8700 GBP |
|
Istanbul , Turkey | 21 - Sep - 2025 | 25 - Sep - 2025 | 5550 GBP |
|
Bali , Indonesia | 21 - Sep - 2025 | 25 - Sep - 2025 | 8700 GBP |
|
Singapore , Singapore | 21 - Sep - 2025 | 25 - Sep - 2025 | 8400 GBP |
|
Washington , United States | 21 - Sep - 2025 | 25 - Sep - 2025 | 13500 GBP |
|
Geneva , Switzerland | 28 - Sep - 2025 | 2 - Oct - 2025 | 9950 GBP |
|
Sydney , Australia | 14 - Sep - 2025 | 18 - Sep - 2025 | 12750 GBP |
|
Interlaken , Switzerland | 14 - Sep - 2025 | 18 - Sep - 2025 | 9950 GBP |
|
Taipei , Taiwan | 21 - Sep - 2025 | 25 - Sep - 2025 | 12750 GBP |
|
Dubai , UAE | 19 - Oct - 2025 | 23 - Oct - 2025 | 5722.5 GBP |
|
Paris , France | 19 - Oct - 2025 | 23 - Oct - 2025 | 7900 GBP |
|
Hong Kong , Hong Kong | 19 - Oct - 2025 | 23 - Oct - 2025 | 9100 GBP |
|
Tokyo , Japan | 19 - Oct - 2025 | 23 - Oct - 2025 | 11500 GBP |
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Istanbul , Turkey | 5 - Oct - 2025 | 9 - Oct - 2025 | 5550 GBP |
|
Bali , Indonesia | 5 - Oct - 2025 | 9 - Oct - 2025 | 8700 GBP |
|
Singapore , Singapore | 5 - Oct - 2025 | 9 - Oct - 2025 | 8400 GBP |
|
Washington , United States | 5 - Oct - 2025 | 9 - Oct - 2025 | 13500 GBP |
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London , UK | 12 - Oct - 2025 | 16 - Oct - 2025 | 5950 GBP |
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Madrid , Spain | 12 - Oct - 2025 | 16 - Oct - 2025 | 7500 GBP |
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Munich , Germany | 12 - Oct - 2025 | 16 - Oct - 2025 | 8900 GBP |
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Berlin , Germany | 12 - Oct - 2025 | 16 - Oct - 2025 | 8300 GBP |
|
New York , United States | 12 - Oct - 2025 | 16 - Oct - 2025 | 12750 GBP |
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Amsterdam , Netherlands | 12 - Oct - 2025 | 16 - Oct - 2025 | 9100 GBP |
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Milan , Italy | 12 - Oct - 2025 | 16 - Oct - 2025 | 7500 GBP |
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Geneva , Switzerland | 19 - Oct - 2025 | 23 - Oct - 2025 | 9950 GBP |
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Taipei , Taiwan | 5 - Oct - 2025 | 9 - Oct - 2025 | 12750 GBP |
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Course Syllabus
Objectives
- To develop key risk management competencies such as developing an appropriate risk process for an organisation in the oil & gas Industry
- To understand the key roles, responsibilities and activities associated with project risk management
- To understand how best to apply appropriate tools and techniques to optimise risk management for your projects
- To deal with the changing nature of risk through a stage gated project process
- To understand the human side of risk in terms of risk perception
- To understand the crucial challenges and lessons learned associated with oil and gas project risk management
Programme Outline
Fundamental Project Risk Management Concepts
- What is risk?
- What is different about project risk in the Oil and Gas Industry?
- The dual nature of risk: – threats and opportunities
- Business, operational and project risk
- Introducing the risk management process
- Planning risk management
Roles and Responsibilities and Identifying Risks
- Key risk management roles and responsibilities
- Good practices adopted in oil and gas organisations
- Alternative approaches – which is right for your organisation?
- Risk identification
- Oil and Gas Industry specific techniques
- Overview of MAR, LOPA, HAZID HAZOP
- The ‘Bow Tie’ methodology
- Tools and techniques for project risk identification
- Alternative techniques based on team dynamic
- Sabotage teams
- Categorisation and the use of Risk Breakdown Structure (RBS)
Risk Analysis techniques
- Alternative Risk Analysis assessment formats and recommended practices in the oil and gas industry
- Qualitative /
- Semi-Quantitative
- Quantitative
- Assessing Impact
- Organisational / Business impact versus Safety / Environmental impact
- Tools and techniques for risk analysis
- Sensitivity Analysis
- Expected monetary value analysis
- Further factors to consider – the people side of risk
- Perception, past experience and mental outlook
- External factors – regulator activities & the effect of catastrophic incidents in the industry
- Modelling and Monte Carlo simulation
- Risk Analysis outputs
Planning Risk Responses and Implementing Risk Responses
- Risk prioritisation
- Risk response strategies
- Action plan formulation
- Action plan evaluation
- Analytical evaluation process
- Appropriate approval / endorsement of action plans
- Implementing and monitoring
- Variance and trend analysis
- Earned value management
- Implementing response plans – good practices
Reporting and Communicating Risk, Extracting Lessons & Lessons Learned from the Industry
- Risk reporting
- Escalating risks
- Reserve analysis
- Embedding the process
- How to identify and feedback lessons learned
- Key risk management lessons from the oil and gas industry and megaprojects in particular
- Applying the lessons and how to implement in my organization
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